Interesting Stocks

Looking at things from a value perspective, there are several interesting stocks. This is actually a particularly tricky time since P/E’s are coming down pretty quickly and book values are increasing. The challenge is to separate the proverbial wheat from the chaff. Some criteria being considered here include: (1) a straightforward business preferably with a repeat purchase model, (2) a stable business, (3) decent balance sheet, (4) top notch management team, and (5) industry leadership. Without getting into too much arcane language on intrinsic value and obscure techniques on valuation, the goal is to use a common sense approach while being selective.